Bank Account - FCRA organisation - branch

Querist : Anonymous (Querist) 31 December 2010 This query is : Resolved
We are a social organisation having FCRA Registration. We have different projects in different states.

Can we open bank account to these branches to transfer our funds from HO to these branches (not for any other fund Indian or Foreign) via NEFT or RTGS.

Currently we are carrying cash. It is difficult.

Would you help us in this regard. Also is there any government circular or anything in this regard

sincerely

Sam Mathew

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Ajay Bansal (Expert) 31 December 2010
this is not a suitable question for a law expert.

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